Redrow plc 33.7% potential upside indicated by Liberum Capital

Redrow plc with ticker (LON:RDW) now has a potential upside of 33.7% according to Liberum Capital.



Liberum Capital set a target price of 840 GBX for the company, which when compared to the Redrow plc share price of 557 GBX at opening today (16/03/2022) indicates a potential upside of 33.7%. Trading has ranged between 501 (52 week low) and 744 (52 week high) with an average of 965,673 shares exchanging hands daily. The market capitalisation at the time of writing is £1,968,744,336.

Redrow plc is a United Kingdom-based company, which is engaged in housing development. The Company is focused on constructing homes throughout England and Wales. The Company is specializing in buying all types of land, in all conditions, from greenfield sites to former factories and industrial sites, warehouses and offices, old buildings and derelict works. It is engaged in residential development through its subsidiaries, including Redrow Homes Limited, Redrow Real Estate Limited, Redrow Regeneration plc, The Waterford Park Company Limited and The Waterford Park Company (Balmoral) Limited. It is focused on land acquisition, development and resale through, Harrow Estates plc. The Company is also engaged in business park maintenance services through, St David’s Park Limited.